Reinsurance Operations Specialist (Outwards)

The Lancashire Group

Greater London

On-site

GBP 40,000 - 60,000

Full time

14 days+
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Job summary

The Lancashire Group in London is seeking a Group Reinsurance Technician to support outward reinsurance operations and month-end close activities. You will manage collections, reporting, and broker relations with a focus on accuracy and KPI alignment.

This permanent role requires Lloyd's experience, strong Excel/LORS skills, and the ability to work independently or within a team. A collaborative culture and opportunities for professional development are offered by Lancashire.

Qualifications

  • Sound Reinsurance experience within a Lloyds Syndicate or Brokers.
  • LIT and LM1/LM2 preferred.
  • Computer literate with good numeric skills.
  • Working knowledge of Microsoft Excel and Word.
  • LORS understanding would be an advantage.
  • Able to work on own initiative as well as within a team.
  • Good time management and ability to meet deadlines.

Responsibilities

  • Oversee the reinsurance recovery collections processes.
  • Administer post placement duties for outward reinsurance.
  • Process reinsurance recoveries and related matters.
  • Assist with monthly/quarterly/annual close related to reinsurance.
  • Issue collection notes and manage credit control for recoveries.
  • Produce reinsurance reporting for policy representations.
  • Review processes and reporting; update system frameworks.
  • Build relationships with brokers and stakeholders involved in outward operations.

Skills

Reinsurance experience
Lloyds LM1/LM2
Numeric skills
Team player
Time management
Deadline driven
Self-starter
Attention to detail

Education

Lloyds Intro Test (LIT)
LM1/LM2

Tools

Excel
Word
LORS

Job description

The Lancashire Group in London is seeking a Group Reinsurance Technician to support outward reinsurance operations and month-end close activities. You will manage collections, reporting, and broker relations with a focus on accuracy and KPI alignment.

This permanent role requires Lloyd's experience, strong Excel/LORS skills, and the ability to work independently or within a team. A collaborative culture and opportunities for professional development are offered by Lancashire.

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